The Enforcement Directorate (ED) raided Sequoia Capital office in Bengaluru on Monday, in case of an ongoing investigation of Vasan Healthcare, a company in which the venture had invested.

The Enforcement Directorate (ED) raided Sequoia Capital office in Bengaluru on Monday, in case of an ongoing investigation of Vasan Healthcare, a company in which the venture had invested.

"Yesterday's ED visit is part of the ongoing investigation into Vasan where Sequoia India is a minority investor along with others. Sequoia has adopted a policy of full compliance with that investigation & has dutifully responded to governmental inquiries recd to date. We continue to co-operate with the ongoing investigation on Vasan," Sequoia India said over a series of three tweets.

Apart from Sequoia Capital, GIC (formerly Government of Singapore Investment Corporation) and Westbridge Capital Partners have also invested in the Chennai-based Vasan Healthcare that was founded by a former healthcare unicorn, A.M. Arun who runs a chain of eye-care and dental clinics across India.

According to a LiveMint feature which explores the reasons why the company imploded exploring its connection to to Advantage Strategic Consulting, a company operated by Karti Chidambaram, son of former union home and finance minister P Chidambaram. Advantage Strategic Consulting are already under the scanner in the 2G scam case, raided by ED and the Crime Branch of India for flouting FDI rules in February 2016.